Kristina Schaefer to Serve on CFPB Community Bank Advisory Council

Photo of Kristina SchaeferThe Consumer Financial Protection Bureau last week announced the appointment of new members to its Community Bank Advisory Council (CBAC). SDBA Chair-Elect Kristina Schaefer, general counsel and chief risk officer with First Bank & Trust, Sioux Falls, was one of four newly-selected CBAC members.

Those appointed serve a two-year term and provide advice on how the CFPB’s policies and rulemakings affect community banks. Other newly-selected members are:

  • John Buhrmaster, president and CEO of First National Bank of Scotia, Scotia, N.Y.
  • Ronette Hauser-Jones, mortgage division president at Great Plains Bank, Oklahoma City
  • Brad Williamson, president and CEO of Islanders Bank, Friday Harbor, Wash.

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